Deutsche Telekom Sweetens T-Mobile’s Bid for MetroPCS

Bowing to concern from some MetroPCS shareholders, Deutsche Telekom on Wednesday improved T-Mobile’s bid for MetroPCS, reducing the amount of debt it would hold after the deal.

In what it dubbed its “best and final offer” for MetroPCS, Deutsche Telekom reduced the loans that it would be owed by $3.8 billion to $11.2 billion, and also said it would lower the interest rate on the debt.

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